Sumi Indo Kabel Tbk. vs Multi Indocitra Tbk. — how do they compare? Sumi Indo Kabel Tbk. trades at Rp565 (market cap 691.56B), while Multi Indocitra Tbk. trades at Rp505 (market cap 303B). The key difference: Sumi Indo Kabel Tbk. is far larger — about 2.3× Multi Indocitra Tbk.'s market cap. Which is the better fit depends on your goals.
| IKBI | MICE | |
|---|---|---|
Market Cap | 691.56B | 303B |
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The Company was established on July 23, 1981 with its Head Office and Factory located in Tangerang, West Java. The Company was listed in JSX and SSX in 1990. On 1994 the Company changed status of the Company to become Foreign Capital Investment (PMA), right after participation of Sumitomo Electric Industries, Ltd., Japan which is one of the biggest in the world in cable industry and PT Perdanamulia Ekasakti.
Read more on IKBI →PT Multi Indocitra Tbk (the Company) was established under its original name of Modern Indocitra based on notarial deed No. 52 of Esther Daniar Iskandar, S.H dated January 11, 1990. The Company's articles of association has been amended several times, the latest amendment dated Aug 16, 2005, regarding the change in the Company's status from private company to public company.
Read more on MICE →